1 Answer

+1 vote

The statistical average result is a 7. If you charge $7 you will break even in the long run. If you charge $8 nobody will play because it's obvious that they lose money. So the casino instead charges $6 then rigs the dice so that you can't get more than a 3 on either one. This is how they maximize the profit. Casinos are filthy cheaters.

A man has a medical condition that requires him to take two kinds of pills, call them A and B. The man must take exactly one A pill and exactly one B pill each day, or he will die. The pills are taken by first dissolving them in water.

The man has a jar of A pills and a jar of B pills. One day, as he is about to take his pills, he takes out one A pill from the A jar and puts it in a glass of water. Then he accidentally takes out two B pills from the B jar and puts them in the water. Now, he is in the situation of having a glass of water with three dissolved pills, one A pill and two B pills. Unfortunately, the pills are very expensive, so the thought of throwing out the water with the 3 pills and starting over is out of the question. How should the man proceed in order to get the right quantity of A and B while not wasting any pills?

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280.
At what price should the article be sold to make 25% profit?